Life relates to trading and trading relates to life. Constantly revealing, unfolding before us as we trade and live, so I write about how my life relates to trading and how I trade the markets. Along the way I share my opinions on anything that evokes my passion or tickles my funny bone trying not to forget that enjoying life is the best part of living.

Wednesday, February 23, 2011

The Daily Note - Rules and Discipline

Successful trading has rules; fact is everything has rules, including living. Each rule when followed or when not followed has specific consequences; when or what, we do not know until it happens.

For example, we all know that: Stepping off a curb without looking; taking our hands off the wheel while driving; or accumulating debt can have bad consequences. We know we are tempting fate, yet we continue to do it because ___________ fill in the blank for yourself. If your reasoning is that rules are meant to be broken, matters not and if you have never done any of those in your life, I'm sure you can dig around in your lifestyle to come up with a few that will match the examples: not wearing a helmet while riding a bike fits too.

The point is in each example we are not following the rules: the rules for living or survival. But what if we commit those acts numerous times without suffering the worst consequence: dying. We may get a good scare of two along the way but since it's nothing major, we continue to commit the acts and until it happens, we can hope and dream that the consequence will never come. Trouble is that the more often an act is committed, the more likely that the worst will eventually happen, therefore, we are taught discipline somewhere along the way of growing up, hopefully.

I, at times, think that discipline should have a test and adulthood not granted until it's mastered, but then not many of us would ever become adults so be glad (perhaps) that life doesn't operate that way. It does, however, dole out consequences both positive and negative depending on the degree of the rules and discipline practiced. It is why it's important that traders learn to use both hand in hand, for the best consequences and benefits. Rules can be ignored without discipline, and discipline can be ignored without rules, but put together they become a powerful and winning ally.

About Me

a posse ad esse or from being able, to being

In trading as in living, We must see the possible in order to create the actual. Through a maze of charts, indicators and endless outlook chatter, we must create our own vision and from that actualize our possibilities. In short, create and realize our dreams.
With my experience and ability to visualize, I can help you realize yours.
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DISCLAIMER

Day Trading with Anni is a blog and website intended for education, entertainment and information only. The content provided herein is not to be construed as recommendations to buy or sell stocks of any kind. They are simply the opinions of the author. It is possible that the editor of this blog may own, buy, or sell stocks presented. All readers, traders, or investors should consult a qualified professional before trading any stock. The author is not an investment advisor. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts made by the author are committed at the reader's own risk, financial or otherwise.That said, all content is under copyright by the author.